Ministers are drawing up plans for a £50billion housing and road-building boom
amid new fears Britain is heading for a double-dip recession.

George Osborne, the chancellor, wants to harness vast sums of private sector
money held by pension fund managers and insurance companies to fund a
“wartime” infrastructure programme to boost the flagging recovery.

A dramatic growth plan being devised by the Treasury and the Department for
Business, Innovation and Skills is designed to prompt a surge of
housebuilding and public sector construction projects, including power
stations, social housing, super-fast broadband and toll roads.